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obbba

The One Big Beautiful Bill Act (OBBBA) changed several federal tax rules, including the deductions for tips and car loan interest, the standard deduction and the charitable deduction for non-itemizers. These guides explain what changed and how it affects your return.

No Tax on Tips: IRS’s February 2026 Instruction Change for Gig Workers

October 16, 2026September 12, 2026 by TaxSoloist Editorial Team
No Tax on Tips: IRS's February 2026 Instruction Change for Gig Workers

How the IRS’s February 25, 2026 instruction change affects the no-tax-on-tips deduction for self-employed tipped workers, and why it’s worth double-checking an early-filed return.

Categories Tax Law Updates Tags gig-platforms, irs-compliance, obbba, schedule-c, tips

No Tax on Tips: What It Means for Gig Workers 2025-2028

October 16, 2026September 12, 2026 by TaxSoloist Editorial Team
No Tax on Tips: What It Means for Gig Workers 2025-2028

How the new no-tax-on-tips deduction works for gig workers — the $25,000 cap, which years it covers, and why it doesn’t touch Social Security or Medicare tax.

Categories Tax Law Updates Tags gig-platforms, obbba, tips
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